Media: Maltsev CEO of Globaltrans could become Vice-President of RZD

Media: Maltsev CEO of Globaltrans could become Vice-President of RZD


Sergey Maltsev is head of the strategy Committee under the Board of Directors of Russian Railways. Train operators believe that this assignment may mean the turning of Russian Railways to the market.

MOSCOW, 19 Oct. The new Vice President of strategy of the Russian Railways can become the General Director Globaltrans Sergey Maltsev, writing in Monday “news” referring to the sources close to a monopoly.

Earlier in October, the Board of Directors of Russian Railways has suspended the authority of Valery Reshetnikov, senior Vice-President for corporate management and strategic development. A representative of one of the largest Russian railway operators — Globaltrans, in turn, told the publication that the company is unknown about the care Maltsev as Chairman of the Board of Directors. The representative of the Russian Railways declined to comment.

Maltsev runs Globaltrans since 2008, owns 4.5% of the operator. Last year, Maltsev, head of the Council of consumers on questions of activity of the Russian Railways, prior to that was the Council of participants in the services market operators of railway rolling stock (Council of railway operators market, unites the largest operators). Maltsev was able to take a leadership position in the railway monopoly still at the head of Russian Railways Vladimir Yakunin, the newspaper notes. Summer employee monopoly told the newspaper that Maltsev as Director of the consumer Council could lead the strategy Committee under the Board of Directors of Russian Railways.

Market participants are looking at the prospect of Maltsev’s appointment to the Board of the Russian Railways as a strong move of the new President of RZD Oleg Belozerov, the newspaper said. The parish in the reign of one of the heads of operating companies may mean that RZD will turn to the market, the newspaper said a top Manager of one of the operators.

If Maltsev is really going to work in the Railways, this could mean that the new President monopoly tuned for liberalisation of locomotive traction, says a top Manager of another train operator.

He headed the Council of consumers at the end of August has sent the government proposals on Target program market of rail transportation 2016-2020, which involves the liberalization thrust. The recommendations of the consumer Council for the following: to allocate from structure of Russian Railways “RZD-carrier”, which will have wagons and locomotives and to compete with other private carriers. While the Railways will remain the owner of the infrastructure, the newspaper writes.